Links, Intermission, Links:
“Chinese train manufacturer wins Massachusetts contract”
[China Daily link -- October 23, 2014]
- A Chinese train manufacturer was awarded a $566.6 million contract on Wednesday to build 284 subway cars for Boston’s subway system. The Massachusetts Department of Transportation (MDOT) board of directors unanimously approved the contract with a unit of CNR MA Corp, according to MDOT spokesman Joe Pesaturo. The [PRC/CCP/PLA state-owned] company was the lowest of six bidders on the contract.
“Top bid to build new MBTA subway cars is from China: Plan draws concerns on human rights”
- [Massachusetts Governor Deval] Patrick said he had met with representatives of the contractor in Hong Kong. Patrick noted that, under the terms of any contract, the new coaches would not be assembled in China.
“China’s overseas investment to rise 10%: official”
[Xinhua link -- October 23, 2014]
- The country’s outbound investment was 2.7 billion U.S. dollars in 2002, but rose to 107.8 billion U.S. dollars in 2013, ranking the third in the world after the United States and Japan, according to the Ministry of Commerce.
“Blackstone Raises $4.4B For First Asian Real Estate Fund”
[China Money Network link -- October 23, 2014]
- The limited partners (LPs) of the fund vehicle include the Teachers Retirement System of Texas, which committed US$100 million, and the New Jersey Division of Investment, which committed US$500 million to the vehicle.
“Death and Burial of Poor Cock Robin”
“CPC sets new blueprint for rule of law”
[Xinhua link -- October 23, 2014]
- China will work to build a law-abiding government, and will ensure the leadership of the CPC in “the socialist rule of law with Chinese characteristics,” the communique read. It also pledged to rule the country in accordance with the Constitution. This is the first time a plenary session of the CPC Central Committee has taken rule of law as its central theme.
“Xinhua Insight: PLA vows rule of law”
[Xinhua link -- October 22, 2014]
- The PLA has had a tradition of enforcing strict discipline during its 87 years of history, but it is far from achieving comprehensive rule of law, said Professor Wang Fa’an of the PLA Academy of Military Sciences.
“Like 1950s Detroit, Boeing Is Underestimating Emerging Japanese Competition”
- The industry is officially “targeted” by the Japanese government. And U.S. corporations seem to be playing their allotted role to a T — as condescending, complacent buffoons. Specifically Boeing has been transferring key technology to Mitsubishi Heavy Industries.
Fingleton concludes: “Much of the technology being transferred is not really Boeing’s to dispose of. Rather it belongs to the American nation. The fact is that its development was funded by the U.S. taxpayer.”
How many plugs does it take to pull an American?
E-mail: DollarToTheGiant@Gmail.com for Fear-Fallen Children: “Dollar to the Giant” Chronicles & Comments June 2008 [#1] to Date [#1188] notably resisting America’s Shift from Wealth Creation to Wealth Transfer and Surrender
“How Many Americans Does It Take To Pull a Plug?”
No matter who you blame—Washington, Wall Street, the Big Banks, Globalization—they all have at least one thing in common: they all get all their power from us.
Even a young child knows: when a machine goes haywire and the controls don’t work, you don’t form a committee, you don’t stockpile ammunition, you pull the plug.
When a contractor doesn’t perform as agreed—and this applies to social contracts, as well—you withhold payment until he does the job you hired him to do.
Beginning right now, I will do my part as an American citizen—and the guy you could have voted for—to enforce the American agreement of democracy and prosperity, and to prevent a possible genocide.
I’m glad you don’t like that word. For decades now, this country has been in the business of transferring existing wealth instead of producing new wealth. When the wealth has all been transferred, finally—what happens then?
Beginning right now, you can do more than just complain and feel helpless. You can pull a plug. Join me—follow me—in providing incentive by simply withholding payment:
- Not another penny in income tax—personal or corporate.
- Not another penny in payment of student loans.
- Not another penny to any Big Bank—or to any corporation that has taken American money and betrayed American interests.
I am not saying we should all become irresponsible deadbeats. I’m advocating a higher form of financial responsibility, one that considers the difference between virtue and vanity, virtue and cowardice. When our democracy is acceptable, America’s real economy acceptable, when the game is no longer rigged against us, we should be delighted to once again extend our cooperation and financial support—under conditions acceptable to the common man.
Americans in a democracy are all common men.
Every day, somebody tells me our country is doomed, our children are doomed, there’s no future, not a thing we can do about it, and we shouldn’t even try.
They say America is in her final stages of disunity, that Americans couldn’t pull together now if their lives depended on it.
I say they’re wrong.